Brokerages Set Curbline Properties Corp. (NYSE:CURB) PT at $28.13

Shares of Curbline Properties Corp. (NYSE:CURB) have been assigned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $28.1250.

Several brokerages have recently weighed in on CURB. Wolfe Research raised shares of Curbline Properties from a “peer perform” rating to an “outperform” rating and set a $26.00 price target for the company in a research report on Monday, January 12th. Weiss Ratings upgraded Curbline Properties from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. UBS Group set a $27.00 target price on Curbline Properties in a research report on Thursday, December 4th. Piper Sandler lifted their price target on Curbline Properties from $30.00 to $32.00 and gave the company an “overweight” rating in a report on Tuesday, February 17th. Finally, Truist Financial boosted their price target on Curbline Properties from $27.00 to $31.00 and gave the stock a “buy” rating in a research report on Thursday, March 5th.

Insider Activity at Curbline Properties

In other Curbline Properties news, CEO David R. Lukes sold 83,663 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $26.83, for a total transaction of $2,244,678.29. Following the completion of the sale, the chief executive officer directly owned 506,597 shares of the company’s stock, valued at approximately $13,591,997.51. This represents a 14.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 8.60% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. boosted its stake in Curbline Properties by 125.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company’s stock valued at $27,000 after acquiring an additional 654 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Curbline Properties by 393.7% during the third quarter. Parallel Advisors LLC now owns 2,039 shares of the company’s stock worth $45,000 after purchasing an additional 1,626 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Curbline Properties by 33.5% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,768 shares of the company’s stock worth $64,000 after purchasing an additional 694 shares in the last quarter. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Curbline Properties by 25.9% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company’s stock valued at $189,000 after purchasing an additional 1,672 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Curbline Properties by 28.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company’s stock valued at $215,000 after purchasing an additional 2,091 shares during the last quarter.

Curbline Properties Stock Performance

Shares of Curbline Properties stock opened at $25.64 on Tuesday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.09. The stock’s fifty day moving average price is $26.00 and its 200-day moving average price is $24.17. The firm has a market cap of $2.71 billion, a P/E ratio of 67.46 and a beta of 0.27. Curbline Properties has a 12 month low of $20.91 and a 12 month high of $28.65.

Curbline Properties (NYSE:CURB) last released its quarterly earnings data on Monday, February 9th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.18). The business had revenue of $54.15 million during the quarter, compared to analysts’ expectations of $52.15 million. Curbline Properties had a return on equity of 2.10% and a net margin of 21.78%.The firm’s revenue was up 55.2% compared to the same quarter last year. During the same period last year, the company earned $0.11 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.170-1.210 EPS. On average, equities research analysts expect that Curbline Properties will post 1 earnings per share for the current fiscal year.

Curbline Properties Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 18th will be issued a $0.17 dividend. This is a boost from Curbline Properties’s previous quarterly dividend of $0.16. This represents a $0.68 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, March 18th. Curbline Properties’s dividend payout ratio is presently 178.95%.

About Curbline Properties

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.